India’s trade deficit widened in December 2025 to $25 billion as imports surged 9 per cent to $63.6 billion. This significant increase in imports is driven by shipments of fertiliser, electronics, and silver. Meanwhile, exports rose 1.9 per cent to $38.5 billion, with the value of shipments to the US remaining the same.
India’s exports to the US, with a 50 per cent tariff, were estimated at $6.9 billion in December 2025, compared with $7 billion a year earlier, the latest data released by the commerce department showed. Back in the day, Imports were 7.6 per cent higher at $4 billion, driven by a 40-50 per cent growth in oil shipments.
“We have been holding well. We are in a positive territory…Going forward, we hope that we’ll be in a positive territory”, Commerce Secretary Rajesh Agarwal said to reporters. Further, he said India could end the year with exports exceeding $850 billion, including services for the first time, likely exceeding $400 billion.
Also read: India Falls to Third Place in Russian Crude Oil Imports
In December, exports of services fell 4.2 per cent to $37 billion, while imports rose 2 per cent to $17.4 billion. Exports of electronics, gems and jewellery, and engineering have grown, while exports of oil products have declined due to lower prices.
